The Biaxially-Oriented Polypropylene (BOPP) film market in China is currently steady amid a scenario of sufficient supply but weak demand. This imbalance has resulted in challenges for manufacturers and downstream industries, particularly in the packaging industry. Despite stable feedstock prices for Polypropylene in Asia, muted demand sentiments have kept the market subdued. As of the third week May xx, the price for xx-micron BOPP film from domestic producers in China remained steady at USD xxxx/MT FOB Shanghai, unchanged from the previous week&#xx;s pricing.
Supply of BOPP film in China is ample, with manufacturers able to meet the existing demand. However, the weak demand from downstream industries, especially the packaging sector, has led to an imbalance in the market. The packaging sector, which is a major consumer of BOPP film, has remained weak, impacting the overall demand for the product.
In terms of raw materials, the price...
